ZIP Code 72118 — North Little Rock, AR Home Prices (2026)
The typical home in ZIP 72118 (North Little Rock, Arkansas) is worth about $135,000 at roughly $111 per square foot — 6% more affordable than the North Little Rock median and 54% more affordable than the typical U.S. home.
How 72118 compares
ZIP 72118 is one of the more affordable ZIP codes in North Little Rock: its typical home value of $135,000 ranks #3 of the 4 North Little Rock ZIP codes we track (the citywide range runs from $88,000 in 72114 to $254,000 in 72116). Per square foot it costs about $111, against $106 for North Little Rock as a whole, $145 for Arkansas, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 72118 | $135,000 | $111 |
| North Little Rock, AR | $143,500 | $106 |
| Arkansas | $215,000 | $145 |
| United States | $294,000 | $195 |
Home value by size in 72118
Using this ZIP’s rate of about $111 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $111,000 |
| 1,500 sq ft | $166,500 |
| 2,000 sq ft | $222,000 |
| 2,500 sq ft | $277,500 |
| 3,000 sq ft | $333,000 |
Salary needed to buy a home in ZIP 72118
To buy the typical $135,000 home in ZIP 72118 with 20% down, you need a household income of roughly $37,000 a year (about $860 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $44,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $6,800 | $1,070/mo | $46,000/yr |
| 10% (+PMI) | $13,500 | $1,020/mo | $44,000/yr |
| 20% | $27,000 | $860/mo | $37,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 72118
At about $111 per square foot, here is roughly how much home different budgets get you in ZIP 72118:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1350 sq ft | around the typical home here |
| $200k | 1800 sq ft | above the median — larger homes or the pricier ZIPs |
| $250k | 2250 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2700 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 72118 home.
Estimate a specific home in 72118
The estimator below is pre-set to ZIP 72118 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All North Little Rock ZIP codes by home value
Where 72118 sits among North Little Rock’s 4 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 72116 | $254,000 | $130 |
| 2 | 72117 | $152,000 | $100 |
| 3 | 72118 (this page) | $135,000 | $111 |
| 4 | 72114 | $88,000 | $100 |
ZIP 72118 home prices: frequently asked
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See the full North Little Rock home values page, all Arkansas cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.